Truckers on Thursday proceeded on a nationwide indefinite strike.
Entrepreneur Vivek Wadhwa believes Barack Obama would do well to pay attention to the question of skilled immigrant workers.
The stressed asset business will be a mix of an ARC and a distressed asset fund. Ambit has already started insurance brokerage and equity research and sales businesses this year. It closed a $100-million private equity fund called Ambit Pragma Ventures recently. It is also keen on starting proprietary trading.
'It is less dependent on imported capital.'
'Companies with a strong business case and healthy balance-sheet should sail through and emerge more robust in the future.'
'A lot of first-time users who have entered the markets after Covid are increasingly investing in mutual funds, exchange-traded funds, and stocks for their long-term goals.'
'There is still scope for selective stockpicking.'
'The consolidation of the world's fifth-largest economy in the hands of 15-20 corporate giants is a once-in-generation event, which we are focusing on.'
'They can shift to dynamic asset allocation funds to automatically rebalance their equity exposure.'
Only those who stick to the old I-T regime will get this benefit.
'It really doesn't matter that investors getting allotments sell their IPO stock holdings on listing day because a new set of investors are entering.' 'This explains the continued rise in stock prices even after the first day of listing.'
'Waiting for a market correction and optimising entry time in the markets will be akin to missing the woods for the trees.'
'A time-wise, as well as price correction, so that the market can absorb the gains made over the past 17 months.'
Markets
'There will be massive differences in sectors and stocks over the next few years.'
The first flight to land at the Delhi airport from London on Friday was Air India's AI112 that had 256 passengers in it, said Gauri Agarwal, founder of the Genestrings Diagnostic Center.
The highlights of the export package was the increase of drawback rates by an average 2 percentage to 3 percentage points with retrospective effect from April 1.
'For equities, inflation trending upwards but within the range of expectations can actually be a big positive as it helps earnings and may shift flows from bonds to equities.'
Ministry of Finance, Joint Secretary -- insurance, Anoop Wadhwa, had reviewed the progress of development of micro-insurance products at a meeting in the national Capital on Tuesday.
'Most Indian logistics firms do not have the facility to store and transport COVID-19 vaccine right now.'
'There is a weak link between the economy and the stock market.'
Christopher Wood, global head of equity strategy at Jefferies reiterate his bullish view on Indian equities on the back of a steady fall in Covid cases coupled with a sharp economic recovery in India, reports Puneet Wadhwa.
Besides LTCG tax relief, permitting taxpayers to declare two houses as self-occupied brings a huge relief.
Judwaa 2 has given Varun Dhawan his biggest opening day, and his biggest opening weekend.
Road Transport and Highways Minister Nitin Gadkari promised pan-India electronic toll system by December to address their concerns but ruled out complete scrapping of the toll system.
'Rising Covid cases and localised lockdowns are being closely monitored.'
Swaraj is in Bahrain for a two-day visit to attend the first ministerial meeting of the India-Arab League Cooperation Forum to be held on Sunday.
With a change in investor preference to cyclical stocks like those of capital goods, infrastructure and automobile firms, the defensives, especially the IT pack, have taken a back seat.
Advance booking and track record peg the film's opening collection at Rs 35 to 40 crore.
Jim Rogers says India needs to do a lot to put its house in order.
'Over the next two quarters, markets will be guided by observing the earnings resilience of corporates during the second lockdown, progress of the monsoon and the damage, if any, to rural spending power due to the second wave.'
'Internet, healthcare and life insurance are a few sectors which offer solid long-term decadal potential.'
'In the short term, we may see some disruptions due to Covid, but in the medium-to-long term, we should keep an eye on US inflation and 10-year bond yields.'
Developers are cautious about the timing of launches in the near term, given the relative uncertainty in demand pick-up and logistical challenges during the lockdown. However, affordable housing projects slated for the first quarter (Q1) of 2020-21 (FY21) may get launched this quarter itself.
A day after president Narinder Batra called for truce among the warring factions of the Indian Olympic Association (IOA), Secretary General Rajeev Mehta also spoke in the same vein wanting to end the acrimony which he feels is hurting Indian sports.
Interview with Vice-Chairman and Joint Managing Director, First Global
Chinese companies who were actively pursuing business opportunities in India have adopted a wait and watch approach following the Chinese government clampdown.
Govt refuses to budge on their demand for scrapping the present toll system
